Benton Closes $200,000 Flow-Through Financing

THUNDER BAY, ONTARIO–(Marketwired – Sept. 27, 2016) – Benton Resources Inc. (TSX VENTURE:BEX) (“Benton” or “the Company”) is pleased to announce that it has filed with the TSX Venture Exchange (the “Exchange”) for final approval of its $200,000 flow-through financing (the “Financing”), previously announced September 14, 2016. On approval from the Exchange the Company will issue 2,000,000 flow-through shares at a price of $0.10 per share for aggregate proceeds of $200,000. There will be a statutory 4-month hold period on the shares issued pursuant to the Financing expiring January 28, 2017.
Funds raised in the private placement will be used to advance the Company’s current and ongoing exploration stage projects such as Iron Duke and Panama gold projects located in Ontario.
About Benton Resources Inc. (TSX VENTURE:BEX)
Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Inc.,
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.